Now that an international trade dispute about trucking is over, Northwest growers of Christmas trees and fruit expect increased sales.
Now that an international trade dispute about trucking is over, Northwest growers of Christmas trees and fruit expect increased sales.
Some hold U.S. Rep. Peter DeFazio, D-Ore., partly responsible, being that he fought to keep Mexican trucks out of the United States. Mexico retaliated two years ago, slapping tariffs on U.S. products that originated from districts of congressmen who tried to block Mexico’s trucks, which were to be allowed entry under the Nafta trade agreement.
Mexico dropped its tariffs Friday as the first Mexican truck entered the United States under a fresh agreement.
Fallout from the argument shows how trade disputes can widen and backfire, hurting businesses in unrelated industries. It’s a risk that politicians take when they wade into trade disputes, as Sens. Ron Wyden, D-Ore., and Jeff Merkley, D-Ore., have done most recently in backing SolarWorld’s contention that China illegally dumps solar products in the United States at below cost to build market share.
Read more at OregonLive.com.
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